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If a Business Had Sales of $4,000,000,fixed Costs of $1,200,000,a

Question 105

Multiple Choice

If a business had sales of $4,000,000,fixed costs of $1,200,000,a margin of safety of 25%,and a contribution margin ratio of 40%,what was the break-even point?


A) $3,000,000
B) $2,800,000
C) $4,800,000
D) $2,000,000

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